Severability Where the LCC 851 Includes Bundling Multiple Transactions Sample Clauses

Severability Where the LCC 851 Includes Bundling Multiple Transactions. The Settling Parties agree that, where multiple parcels have been included as part of a single 851 filing for an LCC transaction (e.g. where numerous individual parcels are proposed for donation to the same grantee, whether or not the parcels are physically contiguous to one another), if the transaction relating to a given parcel is found to have been subject to a valid protest but as to other given parcels there is either no protest at all or no valid protest, the CPUC shall sever the filing so as to allow the transaction for the latter parcels (with no protest or no valid protest) to proceed under the more expedited timetable provided in Sections 3.1.1 and 3.1.2 as set forth above. This shall be accomplished by designating the Advice Letter number for the severed, expedited and unprotested portion of that Advice Letter with the letter ”A.”
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